Fluence could raise more than US$700 million from the planned initial public offering (IPO) of its Class A common stock which would be listed on the Nasdaq Global Market. 

Fluence’s initial public offering (IPO) and NASDAQ Global Select Market listing could be a “landmark” event that opens doors for the energy storage and renewable energy industries, a clean energy finance expert has said. 

Energy storage technology provider Fluence is pursuing an IPO and has filed a Form S-1 with the US Securities and Exchange Commission (SEC). 

Alternative asset management group Apollo Global Management has secured a US$150 million investment into US energy storage technology provider and system integrator FlexGen Power Systems.

In mid-July, the 100MW / 100MWh Minety battery energy storage system (BESS) was completed in Wiltshire, southern England. Something of a landmark project for the UK and Europe’s battery storage industries, here’s what’s happened so far, as reported by our sister sites Current± and Solar Power Portal.

Power and energy systems technology group Wärtsilä has completed work on two large-scale battery energy storage system (BESS) projects in the Philippines.

ENGIE has sold its 60.5% stake in stationary storage and e-mobility solutions company ENGIE EPS to Taiwan Cement Corporation (TCC).

The energy storage system integration division of Wärtsilä Corporation will deploy a large-scale floating battery energy storage system for a thermal power facility in the Philippines.

Fluence has struck a deal that could showcase new digital capabilities since it took over energy storage artificial intelligence and software provider Advanced Microgrid Solutions (AMS) last year.

Wärtsilä Corporation has been contracted to install a 10MW battery energy storage system at a wind farm in Mexico, marking an expansion into the country for the energy solutions provider.